Marks Corp. purchased supplies at a cost of $2,400 during 2010. At January 1, 2010, supplies on hand amounted to $800. At December 31, 2010, supplies on hand are $400. Supplies expense for 2010 are
A) $1,200.
B) $3,200.
C) $1,600.
D) $2,800.
Correct Answer:
Verified
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